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SEC Mandates Key Data 'Tags'

By

Jessica Holzer

Updated Dec. 18, 2008 12:01 a.m. ET

WASHINGTON -- Public corporations and mutual-fund companies will have to begin electronically "tagging" key data in reports filed to the Securities and Exchange Commission and post the reports on their Web sites, the SEC ruled Wednesday.

The move, which was pushed by SEC Chairman Christopher Cox, will allow investors, securities analysts and financial journalists to sort quickly and compare financial and other data across...